Business News

The Government Encourages 10 Local Furniture SMEs to Penetrate Export Markets

The Ministry of Industry is actively supporting small and medium-sized furniture industries (IKM) by facilitating their participation in national and international exhibitions, such as the Jogja International Furniture and Craft Fair Indonesia (JIFFINA). JIFFINA 2024, held at Jogja Expo Center from March 2nd to 5th, marks its 8th year, showcasing…

To boost the export of F&B products to Mexico, Indonesia participated in the EXPO ANTAD 2024

Indonesia's participation in the 2024 Expo Asociación Nacional de Tiendas de Autoservicio y Departamentales (ANTAD) in Guadalajara, Mexico, aimed to boost transactions to USD 2.3 million (IDR 35.7 billion). The event, inaugurated by Indonesian Ambassador Cheppy Triprakoso Wartono and ITPC Mexico City Head Sunny Adrian, underscores Indonesia's strategic push to…

The Performance of Indonesia's Non-Oil and Gas Main Commodity Import Values Reaches USD 5.96 Billion

The Central Statistics Agency (BPS) recorded the value of Indonesia's non-oil and gas main commodity imports reaching USD 5.96 billion or approximately IDR 93.25 trillion (assuming an exchange rate of IDR 15,646) in February 2024. Acting Head of BPS, Amalia Adininggar Widyasanti, stated that the total portion of imports for…

ICAEW: Presidential Decree 14/2024 Indonesia's Strategic Investment in Clean Energy

The Institute of Chartered Accountants in England and Wales (ICAEW) regards Indonesia's Presidential Regulation No. 14 of 2024 on Carbon Capture and Storage as a strategic investment move in the clean energy sector. Head of ICAEW Indonesia, Conny Siahaan, emphasizes the significance of implementing this regulation, particularly amid increasing global…
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